A$150m share buyback (~5% of market cap) is a positive signal, helping address investor concerns post-FY25 and reinforcing capital management discipline.
Core business outlook remains constructive, with expected strong Platform inflows, revenue growth, and improving trends in Super & Investments (S&I) outflows.
We believe further capital return initiatives are likely to be announced alongside AMP’s FY25 result. industry feedback also points to the potential continuation of strong North flows while S&I should be on track for positive flows in FY26. Add this to strong cost control and ongoing stabilisation in
underlying bank earnings
AMP : Buy with a stop loss at $1.24
AMP : Buy with a stop loss at $1.24
AMP is rated a buy with the stop loss at $1.18
AMP : Add to watchlist and buy on a close above the 10-day average. The earnings outlook supports a high share price target.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
